Cost Control Engineer

DING SHENG E&C PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

DING SHENG E&C PTE. LTD. in Singapore seeks a Construction Cost Controller to monitor and manage project budgets, forecasts, and cost projections across the project lifecycle. You will ensure financial compliance and provide timely cost insights to drive informed decisions.

You will track expenditures, analyze variances, and prepare monthly cost reports, while reviewing subcontractor costs and payment claims to ensure accuracy and contractual conformance. This role is based on site in Singapore.

Qualifications

• Monitor project costs and maintain accurate cost records.
• Prepare budgets, cost reports, forecasts and projections.
• Track expenditures, commitments, subcontracts and variations.

Responsibilities

• Monitor and control project costs against approved budgets throughout the project lifecycle.
• Prepare and maintain detailed project budgets, cost reports, forecasts, and cost projections.
• Track actual expenditures, commitments, subcontractor costs, procurement costs and variations.
• Analyze cost variances to identify overruns and risks and mitigation strategies.
• Generate and deliver monthly cost reports to Project Management.
• Review subcontractor and supplier payment claims for contract compliance.

Skills

Cost control

Budgeting

Forecasting

Cost reporting

Education

Degree or Diploma in Civil Engineering, Quantity Surveying, Construction Management

Job description

Key Responsibilities

• Monitor and control project costs against approved budgets throughout the project lifecycle to ensure financial compliance.
• Prepare and maintain detailed project budgets, cost reports, forecasts, and cost projections to support decision-making.
• Track actual expenditures, commitments, subcontractor costs, procurement costs, and variations to maintain accurate financial records.
• Analyze cost variances to identify potential cost overruns and risks, enabling proactive mitigation strategies.
• Generate and deliver monthly cost reports providing timely and accurate cost information to Project Management.
• Review subcontractor and supplier payment claims for compliance with contract terms, work progress, and supporting documentation.

Required competencies and certifications

• Degree or Diploma in Civil Engineering, Quantity Surveying, Construction Management, or a related discipline.
• Minimum 3 years of relevant experience in construction cost control.

Preferred competencies and qualifications

• Experience in large-scale building construction projects.
• Knowledge of construction cost management, budgeting, forecasting, and cost reporting.
• Experience monitoring subcontractor costs, procurement costs, variations, and claims.